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Verisante Technology Inc. V.VRS


Primary Symbol: V.VER.H

Verisante Technology Inc is a Canada based medical device company. It is engaged in commercializing medical systems for the early detection of cancer. The products of the company are Verisante Aura which is for skin cancer detection and Verisante Core which is for lung, colon and cervical cancer detection. It utilizes a cancer detection platform while the operating software and probe technology. The group generates revenue from the sale and renting of its medical devices.


TSXV:VER.H - Post by User

Bullboard Posts
Comment by andyranon Oct 29, 2012 1:34pm
213 Views
Post# 20535717

RE: MELA

RE: MELA

This has pretty much been discussed ad nauseum on this board but I'll say it again; the Aura and Melafind target two very different segments.  Melafind is good for understanding the nature and phsyiology of a cancerous lesion, whereas the Aura is ideal for scanning for potentially cancerous lesions.  For early detection, which is what the Aura is for, Melafind can't compete.  Someone who goes to a dermatologist will not pay thousands of dollars to have a body full of lesions(say 10) scanned; nor will the dermatologist want to spend 20 minutes scanning a patient.  Whereas with the Aura, a dermatologist could scan 20 lesions in 5 minutes using the Aura at a cost of just $10 for the tip.

 

The two products compete in the same way that Lexus competes with Kia; technically I guess they do the same thing but they have very different purposes.

Bullboard Posts